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Petrus Advisers recommend that all existing shareholders not tender their shares into the offer by Vonovia SE

Published: March 20, 2017; 16:48 · (Vindobona)

Petrus Advisers maintain a substantial position in conwert Immobilien Invest SE (conwert) and recommend that all existing shareholders not tender their shares into the offer by Vonovia SE for up to 100% in conwert against cash or Vonovia shares. The recent and continued progress of conwert combined with the expected synergies from becoming part of the Vonovia group will substantially increase the cash flow generation of conwert.

Petrus Advisers recommend that all existing shareholders not tender their shares into the offer by Vonovia SE / Picture: © Vindobona

Petrus Advisers maintain a substantial position in conwert Immobilien Invest SE (conwert) and recommend that all existing shareholders not tender their shares into the offer by Vonovia SE for up to 100% in conwert against cash or Vonovia shares. The recent and continued progress of conwert combined with the expected synergies from becoming part of the Vonovia group will substantially…

This article includes a total of 197 words.

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